60 years isn’t a long time. Most of us know someone born in 1965 or way before. But here’s a mind-blower 🤯: $100 in purchasing power from just 60 years ago is worth over $10,000 today thanks to inflation.

How?

The Rule of 72.

Allow me to explain 👇

At an average inflation rate of 8% per year, your money’s value halves every 9 years (72 ÷ 8 = 9).

So:

•Year 9: $50 💸

•Year 18: $25

•Year 27: $12.50

•Year 36: $6.25

•Year 45: $3.13

•Year 54: $1.56

•Year 60: Less than $1 😱

That $100 from 1965? It’s been slashed nearly 7 times, leaving it a shadow of itself.

Inflation doesn’t just nibble—it devours wealth over time.

Okay so that’s a massive problem. You’re probably wondering what you can do.

I believe Bitcoin is the best hedge against the debasement of government issued money 🧠💰

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Discussion

Wow. Crazy to think about aggregate fiat purchasing power erosion since 1971 with Bretton Woods and then 2008 with GFC and then again during Covid. Dollar has lost 96% of its original value from when it was first created at founding